Florida Home Buyers BLINDSIDED By TREMENDOUS Cost To Own
- Thread starter morris
- Start date
Buy a house in a state that will submerge like Atlantis brehs
Villagers fear they’ll be forced to sell homes due to rising costs
Financially struggling Villagers are hoping to see the amenity fee cap restored.www.villages-news.com
Villagers fear they’ll be forced to sell homes due to rising costs
By Meta Minton
July 3, 2024
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Villagers fear they’ll be forced to sell homes due to rising costs
Financially struggling Villagers are hoping to see the amenity fee cap restored.
The Amenity Authority Committee has recognized that the issue is serious enough to keep as a continuing discussion item on its agenda. The AAC will meet at 9 a.m. Wednesday, July 10 at Savannah Center.
“Many of us are on a fixed income and struggle to keep up. I have known some people who have thrown in the towel and had to sadly leave The Villages,” said Theresa Donehower of the Village of Mira Mesa. “My husband and I have had a talk of what our future will look like financially.”
While those coping with uncertainty about future finances want to see the cap restored, others believe a promise was broken in 2019 when the AAC, which oversees amenities north of County Road 466, and the Project Wide Advisory Committee, which oversees amenities south of County Road 466, both agreed to abandon the cap.
“When we purchased our home in 2017, we were told that there was a cap of $155. It was not put in writing so there goes any legal challenges,” said Villager David Given.
He believes there should be a cap on the homes purchased before a certain date.
“Any new homes or re-sales would fall under a new higher cap limit. We live using Social Security and with everything going up, I can see where we will be forced to sell our home. Putting a cap back on may/will allow us to live the rest of our lives here, in paradise.”
Brenda Griggs wholeheartedly agrees.
“The amenity fees have increased double from my first bill. There has to be a cap or The Villages will not be affordable to residents on fixed incomes. We pay infrastructure increases due to failure of inadequate products used in the infrastructure. This increase should not be constantly passed on to residents,” she said.
As of Jan. 1, the prevailing rate for new homes and resales climbed to $195 per month. Homeowners who remain in their residence are subject to amenity rate hikes in accordance with the Consumer Price Index.
Scustin Bieburr
Baby baybee baybee UUUGH
Vote for Republicans that don't give a fukk about climate change while living in a state that gets hurricanes and floods crehs.
Reason should not be the slave of emotion.
Reason should not be the slave of emotion.
LOL
jasongarcia.substack.com
Florida Republicans protected insurance companies from competition. Florida homeowners are now paying higher prices.
To protect the profits of private insurance companies, Gov. Ron DeSantis and the GOP-controlled Florida Legislature are forcing a public nonprofit insurer to charge inflated prices.
jasongarcia.substack.com
Florida Republicans protected insurance companies from competition. Florida homeowners are now paying higher prices.
Tribal Outkast
Veteran
Times like this is when people find out who they voted for. Thats why we get preoccupied with morality shyt all the time. You can elect somebody all day because they’re “anti woke” but let’s see what happens when the real shyt comes up. The stuff that impacts you directly. Oh well.LOL
Florida Republicans protected insurance companies from competition. Florida homeowners are now paying higher prices.
To protect the profits of private insurance companies, Gov. Ron DeSantis and the GOP-controlled Florida Legislature are forcing a public nonprofit insurer to charge inflated prices.
Florida Republicans protected insurance companies from competition. Florida homeowners are now paying higher prices.
ajnapoleon
Veteran
One thing about conservatives is they mostly don’t care about anything unless it effects them personally
I’m not a liberal
I’m in the middle
Common sense party
OneManGang
Veteran
They’ll just keep blaming liberals tbh
SpikeLee Cumbersmith
Rookie
2hrs before a hurricane.
Also what were the specifics of Ron and the example you put out. How is it his fault. I'm not from FL so idk.
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Nikka be quiet, the goal is the get people to stop fukking moving here, especially New Yorkers.As an agent in the state, I want to clear some of this up.
Ins in Florida is ass. It's beyond broken.
But, you can't be cancelled without 30 days notice.
Everyone to complains about some shyt like this? They're lying. 100% lying.
What REALLY happens is ins companies send out cancellation notices (for bullshyt or legit reasons, usually bullshyt) but people ignore them or don't take them seriously until it's too late.
Want to know something else?
The rate increases we're seeing right now got approved before the last two storms
These rates are a response to carriers leaving the state BEFORE the death and destruction came twice last fall. There's going to be an even BIGGER correction this year.
West Coast Avenger
West Coastin & Smokin
No it isn't ... California has always been expensive....that shyt hole florida really did blindside the people with their cost of housing.....Isn't California in the same boat?
Y'all ain't that far behind Florida.
State Farm again is seeking huge increases in home insurance rates in California
West Coast Avenger
West Coastin & Smokin
First it was "Isn't California in the same boatY'all ain't that far behind Florida.
State Farm again is seeking huge increases in home insurance rates in California
"....Now it's "Y'all ain't that far behind florida"......
.....how about stop talking out your ass.....I really don't give a shyt. I ain't trying to move to your fukked up state.First it was "Isn't California in the same boat
